Presbhd - bruised but certainly not out Ep.2

Presbhd - bruised but certainly not out Ep.2

 

Yesterday volume was the strongest since IPO. 20 millions shares changed hands in a single day. Price went up 23 cents to close at RM1.95. The price is nothing to shout about but at least provides some much needed relieve. I know many still hold high hope for the price to break its previous record of all-time high of RM2.41. Good company will always put high expectation onto itself and I see the management has what its takes to outperform market expectation.

 

They have mapped out their plans (of course some still in the pipeline) and I believe one by one will fall into places and will contribute positively to the company's bottom line. One has to be a loyal investor to able to enjoy from their success stories and I don't mean 1 month kind of loyal investor. Loyal means stay on during up or down market sentiment. Case in point - my first batch of investment in Presbhd was way back in 2011 at price around 80 cents. There were so many up and down market sentiment but I hang on simply because I know I will make big money from this stock in the long run.

 

Its price closed at RM1.95 on 26.01.2015.